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...It already serves companies such as electric-vehicle makers BYD and Geely, and CICC wants to be the “bridge” that connects them to south-east Asia....
...Chief executive Stephen Bird is attempting to revive the company’s fortunes by cutting costs and axing 500 jobs — amounting to 10 per cent of its workforce — while launching new products to attract other...
...Grant Thornton has not publicly disclosed how much New Mountain is paying for its stake, or how exactly the firm will distribute the proceeds of the investment and the new debt that it will also take on....
...Grant Thornton has not publicly disclosed how much New Mountain and its co-investors are paying for the 60 per cent stake, or how exactly the firm will distribute the proceeds of the investment and the new...
...The reshuffle comes ahead of Google’s first-quarter earnings on 25 April and its annual I/O developer conference on 14 and 15 May at its headquarters in Mountain View, California....
...Shares fell 3.29 per cent in early trading in New York....
...Asked if private companies should cover the damage, he responded: “We’re not going to wait. We’re going to pay for the bridge.” Read more here...
...How fast can you build a new data centre and will you need that over time — that is an impossible problem to solve.”...
...Bhavesh Mistry, British Land’s chief financial officer, said the company estimated that 1mn sq ft of new or refurbished space would be delivered each year from 2024-2027, compared with 2mn sq ft of typical...
...Additional reporting by James Fontanella-Khan in New York...
...Flow, Neumann’s new property company confirmed that “a coalition of half a dozen financing partners . . . submitted a potential bid” two weeks ago....
...Illumina said the company agreed “with the advocate general that the European Commission’s assertion of jurisdiction over this merger was improper”. Illumina bought Grail in 2021....
...“The good news here is the insurance is in force,” said Neal on Thursday. “The boat is insured, the bridge is insured, the port authority is insured.”...
...Although the port is smaller than those of New York and New Jersey, it is the main east coast entry port for imported cars, according to the Maryland governor’s office....
...This new generation of “trust busters” lament excessively lax antitrust policy in recent decades that they say has harmed competition across the US economy....
...Asked if private companies should cover the damage, he responded: “We’re not going to wait. We’re going to pay for it to get the bridge rebuilt and open.”...
...The EU has agreed an AI Act, which will impose new burdens on tech companies building AI models....
...I also think it’s opened up some new awareness on the left....
...The lawsuit sets up a titanic struggle between members of Wall Street’s new royalty over a strategy that Jane Street said can “reliably predict future market activity”....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...McNamara added that Authentic is focused on finding “a new partner” in an effort to grow the brand in the UK and Europe after it ended a brand licensing partnership with AARC, a Dutch company, earlier this...
...Linklaters has elected 27 new partners globally, with the majority falling within the law firm’s corporate division....
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
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